Definition of nondeductible in US English:

nondeductible

adjectiveˌnɑndɪˈdəktəb(ə)lˌnändiˈdəktəb(ə)lˌnɑndɪˈdəktəb(ə)l

Not allowable as a deduction from income for the calculation of taxes.
Example sentencesExamples
- Prior to 1998, individuals who wanted to fund an IRA could make either a deductible or nondeductible contribution to a Traditional IRA.
- However, to the extent you made nondeductible contributions to a retirement account, those amounts will not be protected.
- If the IRA includes nondeductible assets, both parties will need to inform the IRS of the change in ownership of deductible assets by filing IRS Form 8606.
- These increased limits apply for both deductible and nondeductible contributions to traditional IRAs.
- He will find methods of converting nondeductible expenses into deductible ones.
- If you take your spouse along, his or her travel costs are considered nondeductible.
- He should then transfer his nondeductible credit card and car loan debt to the line of credit that is tax deductible.
- Over the years, you made both deductible and nondeductible contributions to your Traditional IRA.
- Instead of contributing the nondeductible amount to a Traditional IRA, where earnings grow tax-deferred, you can contribute the amount to a Roth IRA where earnings grow tax-free.
- Ministers generally are not allowed to deduct the daily cost of commuting to and from work, as such expenses are considered to be personal and nondeductible.
- Rolling over assets can be advantageous for you; in fact it is comparable to you making nondeductible contributions to your IRA, where earnings accumulate on a tax-deferred basis.
- As you make payments back, the interest is nondeductible.

Definition of nondeductible in US English:

nondeductible

adjectiveˌnɑndɪˈdəktəb(ə)lˌnändiˈdəktəb(ə)l

Not allowable as a deduction from income for the calculation of taxes.
Example sentencesExamples
- Prior to 1998, individuals who wanted to fund an IRA could make either a deductible or nondeductible contribution to a Traditional IRA.
- Over the years, you made both deductible and nondeductible contributions to your Traditional IRA.
- Instead of contributing the nondeductible amount to a Traditional IRA, where earnings grow tax-deferred, you can contribute the amount to a Roth IRA where earnings grow tax-free.
- However, to the extent you made nondeductible contributions to a retirement account, those amounts will not be protected.
- These increased limits apply for both deductible and nondeductible contributions to traditional IRAs.
- Ministers generally are not allowed to deduct the daily cost of commuting to and from work, as such expenses are considered to be personal and nondeductible.
- As you make payments back, the interest is nondeductible.
- He should then transfer his nondeductible credit card and car loan debt to the line of credit that is tax deductible.
- If you take your spouse along, his or her travel costs are considered nondeductible.
- Rolling over assets can be advantageous for you; in fact it is comparable to you making nondeductible contributions to your IRA, where earnings accumulate on a tax-deferred basis.
- He will find methods of converting nondeductible expenses into deductible ones.
- If the IRA includes nondeductible assets, both parties will need to inform the IRS of the change in ownership of deductible assets by filing IRS Form 8606.

词汇	nondeductible
释义	Definition of nondeductible in US English: nondeductible adjectiveˌnɑndɪˈdəktəb(ə)lˌnändiˈdəktəb(ə)lˌnɑndɪˈdəktəb(ə)l Not allowable as a deduction from income for the calculation of taxes. Example sentencesExamples Prior to 1998, individuals who wanted to fund an IRA could make either a deductible or nondeductible contribution to a Traditional IRA. However, to the extent you made nondeductible contributions to a retirement account, those amounts will not be protected. If the IRA includes nondeductible assets, both parties will need to inform the IRS of the change in ownership of deductible assets by filing IRS Form 8606. These increased limits apply for both deductible and nondeductible contributions to traditional IRAs. He will find methods of converting nondeductible expenses into deductible ones. If you take your spouse along, his or her travel costs are considered nondeductible. He should then transfer his nondeductible credit card and car loan debt to the line of credit that is tax deductible. Over the years, you made both deductible and nondeductible contributions to your Traditional IRA. Instead of contributing the nondeductible amount to a Traditional IRA, where earnings grow tax-deferred, you can contribute the amount to a Roth IRA where earnings grow tax-free. Ministers generally are not allowed to deduct the daily cost of commuting to and from work, as such expenses are considered to be personal and nondeductible. Rolling over assets can be advantageous for you; in fact it is comparable to you making nondeductible contributions to your IRA, where earnings accumulate on a tax-deferred basis. As you make payments back, the interest is nondeductible. Definition of nondeductible in US English: nondeductible adjectiveˌnɑndɪˈdəktəb(ə)lˌnändiˈdəktəb(ə)l Not allowable as a deduction from income for the calculation of taxes. Example sentencesExamples Prior to 1998, individuals who wanted to fund an IRA could make either a deductible or nondeductible contribution to a Traditional IRA. Over the years, you made both deductible and nondeductible contributions to your Traditional IRA. Instead of contributing the nondeductible amount to a Traditional IRA, where earnings grow tax-deferred, you can contribute the amount to a Roth IRA where earnings grow tax-free. However, to the extent you made nondeductible contributions to a retirement account, those amounts will not be protected. These increased limits apply for both deductible and nondeductible contributions to traditional IRAs. Ministers generally are not allowed to deduct the daily cost of commuting to and from work, as such expenses are considered to be personal and nondeductible. As you make payments back, the interest is nondeductible. He should then transfer his nondeductible credit card and car loan debt to the line of credit that is tax deductible. If you take your spouse along, his or her travel costs are considered nondeductible. Rolling over assets can be advantageous for you; in fact it is comparable to you making nondeductible contributions to your IRA, where earnings accumulate on a tax-deferred basis. He will find methods of converting nondeductible expenses into deductible ones. If the IRA includes nondeductible assets, both parties will need to inform the IRS of the change in ownership of deductible assets by filing IRS Form 8606.
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